Tag Archives: Financial IQ

Today, we witnessed another sports event that reminded us that everything is possible. New England Patriots and Atlanta Falcons had a really excellent duel in this Super Bowl LI. This sports event is such a big thing in the United States but in the country we are just wondering how this kind of sport really works. I’d like to share my observation within the game and how you can use it to change your finances this year.

Never give up – The score was totally not good at all for the New England Patriots, they need to make a stop, so they can score. For the last 2 quarters, everything is working against them. With the score of 3 (NEP) in favor of 28 (AF) and a limited time, Tom Brady must create a really good play. Knowing that everything is not working, they decided that every possession counts, no turnover. Same thing goes with your finances; you’re running out of gas already, your money is getting thinner. Your emergency funds are no longer good. Never give up and be more creative. Be an entrepreneur and you’ll see money will flow again.

Make History– We have seen a historic comeback and they won the Vince Lombardi trophy, but remember it was such a bad start for the New England Patriots, but they compete and started embodying their roles. Soon, they were able to make another score until they tied the game. That moment, it already gave them advantage. The teams never waste it and their championship game will be put to the NFL history books. Your finances may look like ugly, but it’s not your destiny to settle for less. You should settle for more.

Beat your old record – Tom Brady was able to make some great comebacks in his career, that’s when he overcame a 24 point lead deficit from the previous Super Bowl. Right now, he made every fans and sports analyst so proud of what he achieved. It’s overwhelming but your old assets must go up and not go down. Your liabilities must go down. You also need to bank on your Financial I.Q so you can grow your existing assets that you have.

FOXBORO, MA – SEPTEMBER 21: Tom Brady #12 of the New England Patriots and teammates run onto the field before a game against the Oakland Raiders at Gillette Stadium on September 21, 2014 in Foxboro, Massachusetts. (Photo by Jim Rogash/Getty Images)

Be in sync with the team – The greatest quarterback stated that “he’s so proud with what the team achieved”, that’s a powerful reminder that he’s with them for the last 60 minutes of the game and beyond. If you have financial counselors, talk to them, if none, you won’t achieve a lot. You may experience the brink of disaster. Speak to those who are self made and you’ll be inspire to emulate their good traits and avoid possible traps.

Do your Job – Coach Bellichik who won the 5 Vince Lombardi Trophy said to his team to do their job. You know what that signifies, that’s trusting your teammates, the system, your gut feeling. Your job is to change the course of your family tree and help them uplift their situation. It’s not enough that you earned a lot but your ability to pass it on to the next generation.

Set the bar – Have you seen Lady Gaga’s performance at the Super Bowl Halftime show, astounding! In your finances, change is inevitable, but your mentality should be quite different from the last 4-5 years ago. Start changing your habits and be the leader in your family in terms of finances.

David Isaiah Angway is a Registered Financial Planner, Chartered Wealth Advisor and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured multiple times in ABS-CBN News Channel show called On the money, Bloomberg TV Philippines First Up, Morning show of NET 25 called Pambansang Almusal, Eagle Broadcasting Company EagleNewsPh Facebook Live and different radio stations in Metro Manila. He also writes for BusinessMirror, Rappler.com, and MoneySense magazine. He’s also part of the most respected agency in the Philippines. Sun Life Philippines.

He is the CEO and founder of WinLongTerm Financial Consultancy, that help organizations retain their top key employees such young urban and educated millennial (Gen Y) by teaching practical money management in the workplace. You can contact him thru his website winlongterm.com and his Facebook Page @WinLongTerm for more informative ways how to grow your money and secure your family.

The economic cost of traffic mayhem is devastating our country today and no one knows when it will end. Economic Planning Secretary Arsenio M. Balisacan has said the economic cost equals $3 billion a day. The sad part of it is we lose that much money forever. Traffic jams wear us out physically and often mean the loss of quality time with family, deny everyone sufficient rest and certainly very inconvenient. While most people fret, whine and complain in their car seats, idle times like these actually present opportunities for people to learn something new and worthwhile. There are ways to increase one’s financial IQ when one is stuck in traffic.

Image by Geekwire

Read e-books that talk about business

There are hundreds of downloadable documents, magazines, books and piles of information available online. They dwell on investing, saving and money management. Use the leverage of technology and time to help you get smarter than a fifth grader.

Listen to a podcast

Phone applications are way more popular now and podcasting is gaining prominence even among the nondigital natives. There are free programs available and all you do is look for “Personal finance” and subscribe. This is a free source of information to sharpen your thoughts and enhance your ability to make decisions.Listen or watch YouTube tutorials

WE are in an era where modern technologies, like the Internet, are readily available. Use these free resources to help you build a solid foundation in expanding or broadening your horizon in terms of finances. Though these are free sources of information, they do not necessarily suit you best. Filter what you hear and apply those that fit you best.

Write your thoughts about your finances

Financial products won’t solve 100 percent of your problem in finance, but self- awareness is going to free you from things you don’t know about yourself. Take notes or type your ideas in your laptop. Have a broader view of what your finances will look like this year and of the breakthroughs you expect to happen. Make the necessary adjustments to handle it.

Image by Imore.com

Download an app so you can monitor your finances

One good thing about these applications is they help you evaluate your finances. I love numbers, since they don’t lie. They tell you something. If you see that your budget is in jeopardy and begins to get out of hand and way beyond your weekly limit, learn to cut your wants and prioritize your needs.

Check web sites on personal finance

Financial web sites are effective in spreading new stuff about practical applications and the principles behind the popular blogs, articles and quotations should inspire you to be resolute move forward.

Image by Instagram

Bring a book

This is my personal favorite. Business books give me a sense of accomplishment. I can highlight the important points and prevent my phone from draining its battery. The books you need to read should relate to personal finance to increase your IQ and your financial awareness.

Excuses can make you weak. Never fell into that trap. Traffic can prove worse in the coming years, but I also believe that if you want to make some progress in your life, career or personal finance, change your mental perspective and, perhaps, do the unthinkable.

David Isaiah Angway is a RFP and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured in ANC On the money, Bloomberg TV Philippines. He is also columnist at BusinessMirror, Rappler, and MoneySense magazine. He is a licensed nurse and a former Senior Fraud Specialist of the largest bank in the world, JP Morgan Chase & Co.

He is the CEO and founder of WinLongTerm Financial Consultancy, helping young urban and educated millennial (Gen Y). It sets and achieves their long-term financial goals by empowering them through behavioral finance.

For more information and concerns subscribe to winlongterm.com Facebook page or contact me at david@winlongterm.com, here’s also my mobile number 0925-787-7796